Loading

Copenhagen Airport shares gain on solid increase in domestic passengers in Mar-2010

Analysis

Shares in Denmark's Copenhagen International Airport led the way up yesterday, climbing 3.3% higher with the release of its traffic report for Mar-2010 and the three months ended 31-Mar-2010. Copenhagen Airport reported a 17.2% jump in passenger traffic for the month and an 11.4% rise in passengers for the quarter. Domestic traffic is leading the airport's recovery, with domestic passenger numbers surging 34.7% and 29.4% year-on-year, in Mar-2010 and the quarter ended Mar-2010, respectively.

Copenhagen International Airport reports the following traffic highlights, as featured in today's edition of Airport Business Daily:

  • Mar-2010:
    • Passenger numbers: 1.8 million, +17.2% year-on-year;
      • International: 1.6 million, +15.0%;
      • Domestic: 223,679, +34.7%;
    • Aircraft movements: 21,402, +6.0%.
  • 3 months ended Mar-2010:
    • Passenger numbers: 4.6 million, +11.4%:
      • International: 4.0 million, +9.2%;
      • Domestic: 567,792, +29.4%;
    • Aircraft movements: 58,321, +3.3%.

Share performances of other European airport and airport supplier stocks were mixed yesterday. TAV Airports rose 3.3%, Fraport gained 0.4%, while Aeroporto di Venezia, Aéroports de Paris (AdP), Zurich, Vienna, Hochtief and Ferrovial all declined.

ACI Europe reported its Mar-2010 traffic yesterday, while Hamburg Airport reported its financial results. These two reports are included in today's edition of Airport Business Daily - subscribe today!

Selected airports daily share price movements (% change): 13-Apr-2010

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More